Samsung is planning to launch its mobile payments service Samsung Pay as a downloadable iOS app, according to a new report from South Korea's ETNews. Called Samsung Pay Mini, the app will allow iPhone users to enter their credit card information to make payments within online stores.
Not many details were given about the initial launch, but the app seems to be limited to South Korea and available only as an online payment option with no retail support yet. The rollout in South Korea could begin as early as June.
Samsung's reason behind introducing support for its mobile wallet onto iOS is reportedly due to Samsung Pay's poor performance on the company's line of Galaxy smartphones. An expansion to Apple's iOS ecosystem is hoped to help bolster Samsung Pay usage beyond its current limited scope.
“By releasing SamsungPay Mini, Samsung Electronics has completed a versatile platform that absorbs online and mobile payments.” said a high-ranking representative of a card company. “Besides of online payments, SamsungPay Mini will be a catalyst for Samsung Electronics in tying together variety of additional businesses.”According to sources within the IT and financial industries, the company plans for the new app to be free and work on all Android devices as well as Apple's iPhone. During the initial launch in South Korea, Samsung Card, Lotte Card, and Hana Card have all agreed to support Samsung Pay Mini. KB Card and a few other companies have mentioned interest in joining the service, as well, but beyond South Korea, there was no mention of a wider Samsung Pay Mini launch.
On Apple's side of the mobile payment market, the Cupertino company has been expanding Apple Pay's presence in multiple countries ever since its launch in 2014. This morning, Apple Pay VP Jennifer Bailey described how the company is "working rapidly" to get its mobile wallet into "every significant market" Apple is currently involved in.
Related Roundup: Apple Pay
Tag: Samsung Pay
86 comments
Apple last week removed all vaping-related apps from the App Store and updated App Store guidelines to prohibit apps that facilitate or encourage the use of vape-related devices.
Apple never...
Apple is looking for software engineers to build "the next generation of media apps for Windows" according to a new Apple job listing shared earlier today by Microsoft-focused site Neowin.
...
Apple's new 16-inch MacBook Pro came out last week, and the new machine features a larger display, more maximum RAM, and higher maximum storage, all features designed for Apple's pro user...
Apple CEO Tim Cook this afternoon attended the Salesforce Dreamforce 2019 event, where he sat down with Salesforce CEO Marc Benioff to discuss how Apple and Salesforce "ignite productivity"...
If you're a student or a teacher, you should know that Apple offers educational discounts on a variety of Apple products, along with cheaper Apple Music subscriptions and more.
This guide...
Earlier this week, do-it-yourself repair website iFixit shared its full teardown of the new 16-inch MacBook Pro, providing a closer look at its scissor switch keyboard, new thermal architecture, and...
A security flaw in Android smartphones from companies like Google and Samsung allowed malicious apps to record video, take photos, and capture audio, uploading the content to a remote server sans...
Apple this fall partnered with 100cameras, a nonprofit organization that aims to teach photography to adolescents, providing participating students at DRW College Prep in Chicago with the new iPhone...
